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| Blogs > amberchgo > Amber's words of Wisdom.... |
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I own Your ass. This sort of puts a new spin on the phrase "I own you." A name change, not making any money, a lot of debt: If that description sounds like a recipe for a dicey online date, then investors might want to apply the same principles to the coming week's IPO of Web-site operator FriendFinder Networks Inc. It is hoping for $200 million in net proceeds from the sale of 20 million shares through RenCap Securities and Ledgemont Capital Markets LLC, according to its prospectus, with an estimated price range of $10 to $12, and a listing on the New York Stock Exchange with symbol FFN. So I ask Y/you this... If the sub owns the stock. But wears a collar. Who owns who? Of yea.. That "collar." Might just be an investment strategy.. amber |
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If a sub owns shares in the company that owns Alt (which is what FFN is), then her dom is the next link up in the chain. It sure does make a person feel connected to this place  .
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Has this happened yet? Think anybody has or will buy it? I can't believe anyone that has actually experienced what it's like to be a customer of these sites would ever consider buying it's stock - shorting it, maybe.
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The IPO was delayed a week. Supposed to be out this week.
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